Lincoln County Housing Market Report January 2025•Lincoln County, South Dakota

hero building illustration for mobile

Housing Prices in Lincoln County, SD

How much do homes in Lincoln County, SD cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$394,070$212/SqFt
-$5,780
-1.4%

Based on all homes listed in January 2025

Insight

The list price of homes in Lincoln County has decreased by 1.4% since December.

Summary: The median home list price in Lincoln County was $394,070 in January 2025, down 1.4% from the previous month, and the median price per square foot was $212.

Median List Price By Counties

Median List Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Union County
+17.6%
Lincoln County
-1.4%
Minnehaha County
-3.1%
Lyon County
-14.9%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1$126.9K$175.9K
+38.6%
2$328.9K$314.9K
-4.3%
3$388.8K$360K
-7.4%
4$445.1K$411.2K
-7.6%
5$583.9K$544.9K
-6.7%

Summary: Lincoln County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +38.6%. The home price for 2 bedroom homes decreased by -4.3%. The home price for 3 bedroom homes decreased by -7.4%. The home price for 4 bedroom homes decreased by -7.6%. The home price for 5 bedroom homes decreased by -6.7%.

Housing supply in Lincoln County, SD

How many homes are available in Lincoln County, SD?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
263Last MonthJan 2025
1662 months agoDec 2024
+58.4 %
Change MoMDec – Jan

Summary: The Lincoln County real estate market had 263 homes for sale in Jan 2025, a 58.4 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
112
+100.0%
23759
+59.5%
36093
+55.0%
43352
+57.6%
53557
+62.9%

Summary: Lincoln County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +59.5%. The inventory for 3 bedroom homes increased by +55.0%. The inventory for 4 bedroom homes increased by +57.6%. The inventory for 5 bedroom homes increased by +62.9%.

Days on Market for Lincoln County, SD

How long does it take to sell a home in Lincoln County, SD?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
83 DaysLast MonthJan 2025
92 Days1 month agoDec 2024
-9.1 %
Change MoMDec – Jan

Summary: Homes in Lincoln County had an average listing age of 83 days in Jan 2025, down by 9.1% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Lincoln County, SD

What homes are available in Lincoln County, SD?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in South Dakota

MLS Disclaimers and Copyright

Based on information from Sioux Empire MLS, for the period 12/01/2024 - 02/01/2025

IDXThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Broker Reciprocity
©2025 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 4:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.